Headline: SBI Ripple Asia and Doppler Finance team up to make XRP a yield-bearing asset and push tokenized real-world assets on XRPL SBI Ripple Asia has struck a landmark memorandum of understanding with Doppler Finance to explore XRP-based yield products and tokenization of real-world assets on the XRP Ledger (XRPL) — the first time SBI Ripple Asia has partnered with an XRPL-native protocol. What they’ll build - The collaboration aims to develop institutional-grade yield infrastructure for XRP, turning the token from primarily a payments medium into a productive, yield-bearing asset. - Doppler Finance — which positions itself as XRP-focused yield infrastructure — will design compliant, transparent on-chain products targeted at institutional clients. - SBI Digital Markets, a unit regulated by Singapore’s Monetary Authority (MAS), will serve as the institutional custodian, providing segregated custody for client assets. Why it matters - Historically, XRPL has seen far less on-chain yield activity than smart-contract platforms. This partnership signals a push to close that gap by bringing regulated financial players and XRPL-native tooling together. - For Doppler, the deal opens access to one of Asia’s more established digital-asset ecosystems through SBI’s regional footprint and relationships, including ties to Japan’s SBI Holdings and Ripple. - For institutions in jurisdictions with clearer regulatory frameworks like Japan and Singapore, the move aligns with growing interest in tokenized assets and blockchain-based yield products. Quotes and positioning Doppler’s head of institutions framed the initiative as expanding XRP’s role beyond payments and positioning it as a productive asset. An SBI Ripple Asia spokesperson said the firm plans to accelerate secure and transparent yield infrastructure on XRPL by combining Doppler’s on-chain framework with SBI’s digital-asset experience across Asia. What to watch next Expect pilot products, custody arrangements, and compliance frameworks to take shape first. If successful, the effort could broaden institutional demand for XRP and increase use cases for tokenized real-world assets on the Ledger — potentially changing how XRP is used in institutional portfolios and DeFi-like strategies on XRPL. Read more AI-generated news on: undefined/news

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